Anchors and Grouts Market Size 2025-2029
The anchors and grouts market size is forecast to grow by USD 0.5-1.5 billion at a CAGR of 5%-9% between 2025 and 2029. Exact values for this market can be accessed upon purchasing the report.
This significant growth is driven by the expanding petrochemical sector and the booming construction industry, particularly in the Asia-Pacific region. Industrialization in emerging economies like India and China has greatly contributed to the rising demand for high-performance anchors and grouts, as industries increasingly focus on infrastructure development and robust construction projects. However, challenges such as the economic downturn in regions like Brazil and Argentina may pose some restraint to the market's potential. Overall, the market is expected to grow steadily, driven by industrial needs and innovation in grouting technologies.
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How is this Market Segmented?
The market research report provides comprehensive insights into regional segment analysis, along with forecasts and estimates in USD billion from 2025 to 2029. It also includes historical data from 2020-2024. The market is segmented into:
- By Product
- Cementitious Fixing Anchors and Grouts
- Resin Fixing Anchors and Grouts
- Others
- By Application
- Residential Use
- Commercial Use
- Industrial Use
- Others
- By Geography
- North America
- US
- Canada
- APAC
- China
- India
- Japan
- South Korea
- Europe
- Germany
- France
- UK
- South America
- Brazil
- Middle East and Africa
- North America
Product Insights
Cementitious fixing anchors and grouts hold the largest market share, dominating the global market. These products are widely used in civil infrastructure projects, including dams, tunnels, and waste systems. The resin fixing anchors and grouts segment is also gaining momentum due to their superior strength and versatility in heavy industrial machinery applications.
Regional Analysis
Asia-Pacific is the largest regional market. Countries like China, India, and Indonesia are witnessing rapid industrialization, driving the demand for construction and industrial projects that require anchors and grouts. The expansion of construction activities such as hotels, shopping malls, and high-rise buildings has been particularly strong in this region.
Market Dynamics
The anchors and grouts market is benefiting from several key drivers, including the growing industrialization and infrastructure development in emerging markets, particularly in Asia. Companies in the construction sector are increasingly adopting advanced grouting solutions to support large-scale projects. However, challenges such as shifting construction dynamics in certain regions (like Brazil and Argentina) and price fluctuations due to construction material costs could impact market growth.
Key Companies & Market Insights
Leading companies are strategically focusing on product innovation, market expansion, and mergers to strengthen their foothold in the anchors and grouts market. Key players in the market include:
- BASF
- Arkema
- CHRYSO
- Fosroc
- Gantrex
- GCP Applied Technologies
- Sika
- Saint-Gobain
- Selena FM
- Mapei
- Knauf
- LafargeHolcim
- UltraTech Cement
- Bostik
- Fisher Chemical
These companies are investing in R&D and partnerships to enhance product offerings and meet the evolving needs of the industrial, commercial, and residential sectors. Through innovation and strategic alliances, these companies are navigating the market's challenges and seizing new growth opportunities.
Market Scope
Base Year |
2024 |
Forecast Period |
2025-2029 |
Market Size |
USD 0.5-1.5 Billion |
Market Growth |
5%-9% |
Product Type |
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Application |
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Regional Landscape |
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Key Companies Profiled |
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